North Shore News January 17 2014

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FRIDAY January

17 2014

PULSE 13

Danse Lhasa Danse LOOK 23

Creampuffs by GG REV 36

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INTERACT WITH THE NEWS at N S N E W S .C O M

N. Shore’s priciest properties Shipyard condos join list of B.C.’s top valued homes

JANE SEYD jseyd@nsnews.com

While the real estate market on the North Shore was generally stable over the past year, sales at the top end have recently been brisk and the highest assessments continue to push into the stratosphere. The home with the highest assessment on the North Shore is an 11,000-square-foot house on the waterfront in West Vancouver’s West Bay neighbourhood.That house at 3330 Radcliffe Ave.

jumped over the $24 million mark to clock in at an assessment of $24.4 million — up from its previous value of $23.6 million. The second highest assessed property — a home overlooking the West Vancouver waterfront at 2588 Bellevue Ave. — also saw a hike in its value to $23.3 million from a previous assessment of just under $21 million. Although there were some properties in the upper echelons that fell in value, generally the assessments for homes favoured by investment bankers, developers, movie moguls and wealthy immigrants is continuing to rise. While not many sales were completed in the highest bracket of luxury SeeVictoria page 5

Lower Lonsdale BIA plans put on hold BRENT RICHTER brichter@nsnews.com

CLD(D CINDY GOODMAN

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The Lower Lonsdale Business Association is shelving plans to form a Business Improvement Area for LoLo — at least for now. The association was in the process of getting City of North Vancouver council’s approval to set up the BIA, which would have the power to levy all

LoLo business owners 89 cents per $1,000 in assessed value and then spend it on LoLo events, marketing and beautification. But, with a major report on the city’s vision for the central waterfront due in early February, the association is taking a wait-and-see approach to how a BIA would fit into a revamped waterfront,

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North Shore News January 17 2014 by North Shore News - Issuu